Common use of Services for a group company Clause in Contracts

Services for a group company. On the basis of his position as a managing director of the Company, the Managing Director may also be asked to act as managing director, general manager or supervisory director of the companies currently or in the future belonging to the group to which the Company belongs, without receiving any additional pay. The Managing Director shall resign from these positions no later than on the date on which the Managing Director’s directorship of the Company ends, regardless of the reason for this, or at an earlier date if the Company so wishes, without any payment being due to the Managing Director.